Get FREE Quotes

High Risk Driver?

5 Steps to Affordable High Risk Auto Insurance

The odds are that if you are a high risk driver, you’re going to know it. “High risk” is a term often used by insurance providers to describe a driver in a higher risk category than the average safe driver on the road.

If you’ve been ticketed for risky driving behaviors, you’re likely to fall into a high risk driving category.

Some of the most common high risk driving behaviors include:

Major Traffic Violation

Just one major traffic violation could qualify you as a high risk driver compared to a driver with a clean record; violations may include speeding tickets, tickets for reckless driving, or at-fault car accidents.

Multiple Traffic Violations

After you accrue 6 points on your driver’s license from multiple traffic violations, you may have issues qualifying for affordable car insurance. Multiple traffic violations may result from several consecutive speeding tickets or a combination of high risk traffic citations.

DUI

A DUI conviction is one of the fastest ways to qualify as a high risk driver. A DUI may automatically result in a suspended license and will dramatically increase insurance rates once you are permitted to drive.

No Insurance

It’s against the law to drive without insurance in almost all states. If you have a valid driver’s license and have lapsed in insurance for at least six months, you will be considered high risk.

For the vast majority of drivers, you may have had a speeding “whoops” moment more than once in your lifetime. But if you’ve made the mistake of racking up several minor or one major speeding ticket, you could find yourself in high risk driving territory before you know it.

4,067,396

35 states

texas

Hawaii

State with the lowest rural interstate speed limit @ 60mph

Source:blog.esurance.com

Out of the 196 million licensed drivers in the US, one in six drivers will get a speeding ticket within a year.

The average speeding ticket cost? A cool $150. This adds up to over $6 billion in speeding ticket fines in the US since roughly 100,000 people receive speeding tickets each day. Men are also more likely to get speeding tickets than women.

The average speeding ticket cost? A cool $150. This adds up to over $6 billion in speeding ticket fines in the US since roughly 100,000 people receive speeding tickets each day. Men are also more likely to get speeding tickets than women.

Again, exact point values will vary by state, but the “point” is clear:

Any type of driving infraction, large or small, can affect your risk category as a driver.

A minor speeding ticket may not make an initial difference, but subsequent tickets or a major traffic violation will increase risk levels significantly.

Regarding major traffic violations, DUI’s most often come to mind.

Yes, a DUI is a major offense that can mar your driving record for years to come. The truth is that the average drunk driver will drive under the influence roughly 87 times before their first arrest. Consequently, one person is injured in an alcohol-related crash every minute.

Drunk driving offenses place a heavy financial burden on society, estimated at $500 per adult in the US per year. Even after receiving a citation for this serious offense, 50%-75% of convicted drunk drivers continue to drive on suspended licenses – leaving themselves open to even greater traffic violations for driving illegally.

If you have been charged with a DUI, you will need high risk auto insurance in order to resume your driving privileges. While a single DUI violation doesn’t mean that you’ll never be able to drive legally again, it does make it difficult to find affordable insurance after a license has been suspended or revoked. A DUI citation will require an SR22 policy as proof of financial responsibility before the DMV can reinstate a restricted driver’s license.

In addition to “bad” behaviors,

there are a number of characteristics that could warrant a high risk driving label, like:

Teen Driver

Inexperienced teen drivers are automatically considered high risk since they are associated with higher accident and traffic violation rates. The only way to escape this high risk label is to age out of the teen driver category.

Bad Credit

You may not be aware that your credit score will directly affect how much you pay in car insurance. A driver with a poor credit score may be considered higher risk than a driver with good credit.

Renting

An insurance company may also consider owning a home as a stabilizing factor to lower car insurance rates; thus, renting instead of owning could qualify you as higher risk compared to another driver that is also a homeowner.

Occupation

If you drive professionally, you may be considered high risk by an insurance provider, i.e. an over-the-road truck driver. As a result, insurance rates will automatically be higher for drivers that drive farther than average.

Sports Car

You’ve probably heard the rumor that sports cars are incredibly expensive to insure, and in many cases, this holds true. Cars that are costly to repair and replace may warrant high risk insurance with higher premiums.

Source:2010 DuPont Automotive System Global Color Popularity Report

While many of the above characteristics are beyond your control to classify you in a high risk driving category, the good news is that car color may not have anything to do with it.

Many drivers mistakenly believe that red cars cost more to insure. Industry experts reveal that though red cars may come with a higher price tag on the lot, it’s a long-lived myth that driving a red car will inflate insurance rates.

3 Driver Risk Categories

Now that you know what can qualify you as a high risk driver, it helps to understand basic risk categories that an insurance company may use to set car insurance rates. The Insurance Information Institute separates drivers into three different categories based on the behaviors and characteristics listed above:

Preferred

A driver has a clean driving record and is eligible for the best insurance rates.

Standard

A driver is considered average with a fair driving record.

Nonstandard/High Risk

A driver may have multiple traffic citations or fall into a risk category, like a teen driver.

Some insurance agents also consider complete ineligibility to be a fourth risk category.

There are drivers with serious offenses on their record that may be refused auto insurance by multiple providers. An ineligible high risk driver can still qualify for car insurance through the DMV assigned risk pool in their state; a driver may have to provide proof of rejection from several car insurance companies.

If high risk insurance has your head spinning, take heart. In most cases, a high risk label isn’t the kiss of death when it comes to inexpensive car insurance. Your risk category will directly influence your insurance rates, but it is possible to keep premiums affordable – as we will discuss in the next section.

Here are a few important facts to remember about high risk
insurance if you are considered a high risk driver:

A high risk driving category isn’t permanent

It may be discouraging to be branded high risk, but you can clear your driving record over time. You may also be able to take continued driver’s education courses to improve your standing.

If you need an SR22 for a major traffic citation, you may have to find a specialty high risk insurance
agent to supply it.

5 Ways to Save on High Risk Auto Insurance

By now, it’s crystal clear that a high risk label will affect your car insurance rates.

According to DMV.org, your driving record carries the most weight in triggering your insurance rates to increase. In fact, DMV.org calls your driving record your “driving DNA.” This simply means that your driving record will be used by an insurance agent to determine exactly how much you will pay in car insurance based on a low or high risk category, as discussed in the previous section.

So how much will high risk insurance cost you, and is there any way to keep it affordable? Fortunately, you’ve come to the right place.

Consider these top 5 tips to scout out reasonable high risk insurance that won’t break the bank:

Be honest about your driving history

If you were cited with a DUI a few years back, it’s important to be upfront about the charge with a new insurance company providing a car insurance quote. Many insurance providers are willing to be lenient with you if you disclose past violations on your driving record. If an insurance agent finds out that you lied months down the road, you may be booted and left without coverage.

Compare different car insurance agencies

This has been said once, but it’s worth saying again. If you’re not happy with the high risk rates quoted by your regular insurance provider, there’s no harm in shopping around. Comparing quotes from a minimum of three providers will give you a better idea of the fair market rate for high risk insurance based on your specific risk factors.

Improve your driving record

If you’re facing sky-high insurance rates after one or more DUI convictions, it’s time to sit down for a one-on-one meeting with your insurance agent. Your insurance agent may be able to provide you with helpful advice as to how to clean up your record with defensive driving courses and/or safe driver discounts for good behavior.

Consult with a lawyer

If you were ticketed unfairly, it may be worthwhile to hire a lawyer with experience in traffic law. Removing an unjust conviction from your record could save you hundreds of dollars annually by lowering your insurance risk category.

Be patient

We know, we know, this is the last thing you want to hear as a high risk driver. However, points will drop automatically from your license after a certain time frame, which will vary by state. Once these points drop, you can begin to price insurance and compare new providers to find even cheaper monthly rates.

Once a High Risk Driver, Always a High Risk Driver?

There is light at the end of the tunnel if you are a high risk driver.

Even though it may seem like you will be permanently branded with a scarlet letter, a high risk label won’t last forever. Of course, this is contingent upon you turning over a new leaf to dramatically improve your driving record. Once this happens, you will be rewarded with cheaper insurance for your efforts. The amount of time you are categorized as a high risk driver will depend on what earned you this label in the first place. For example,

Multiple tickets

It may take up to three years to drop high points off your driver’s license from multiple tickets.

DUI

A major infraction like a DUI can impact insurance rates for up to five years, depending on the provider.

No insurance

If you were caught driving without insurance, you may be considered high risk for a minimum of six months.

When in doubt,
don’t take the risk of engaging in unsafe driving behaviors that could cost you in the future!

If you’re already considered a high risk driver, there are steps you can take to move beyond this high risk
category to lower your insurance rates.

Familiarize yourself with the exact dates of your traffic violations.

Once the points from a violation are dropped from your record, you can request a new quote from your agent or another provider to lock in lower rates.

The same holds true for a major violation like a DUI, although points may not drop to reflect lower rates for up to five years.

For high risk drivers, time is on your side.

Working to improve your driving habits can reward you with
better rates in the future once violations drop from your record.